BUFFALO N.Y (WKBW) A decision to pick a developer for the Webster Block has been delayed while City of Buffalo officials gather more information.
Buffalo developer Carl Paladino and the Buffalo Sabres submitted bids to transform what is now a 300-space parking lot located in front of the First Niagara Center.
The decision was supposed to be finalized on August 15th, but Buffalo Mayor Byron Brown says more time is needed as various issues are discussed in-depth.
"No real delay. It is within the time frame that we established. We have a great problem here - two very good developers . . . two very good proposals," adds Mayor Brown.
Carl Paladino's $64-million dollar plan calls for the construction of a 12-story building that will have apartments, offices, parking, and over 8,000 square feet of retail and restaurant space.
The Buffalo Sabres $123-million dollar plan calls for the construction of two indoor ice rinks, a 200-room hotel, and a parking garage.
Mayor Brown tells Eyewitness News that a final decision will be made before the Buffalo Common Council returns from summer recess on September 4th.
It will then be up to the council to discuss whether the Webster Block will be leased or sold to the winning developer.